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16. Children as Financial Instruments?
Having more children can be viewed as an act of worthwhile gamble for many. With many children, at least a couple would turn out fine...
Jun 9, 20252 min read


15. Do the Poor Control Their Fertility Decisions?
The poor may not be able to control their fertility due to their inaccessibility to modern contraception methods. However, low usage of...
Jun 8, 20252 min read


14. How Larger, Poor Families Adversely Affect Education Opportunities of Each Child—Or Not
A theory suggests that the resources countries have are more or less fixed, so therefore population growth makes them poorer. However,...
Jun 7, 20252 min read


13. Reengineering Education: Starting with the Basics
Hey everyone, it’s been a while! Last time, we left off with identifying what education systems in developing countries fail: providing...
May 26, 20252 min read


12. The S-Shape Curve: Education-Based Poverty Trap
Last time we explored the disappointing quality of public schools. But possibly the private-school system with a demand-driven strategy...
May 11, 20252 min read


11. Education as an Investment
QOTD: “Some parents need a push. A civilized society cannot allow a child’s right to a normal childhood and a decent education to be held...
Apr 27, 20253 min read


10. Immunization, Inequality, and Invisible Paternalism: Connecting the Dots
QOTD: “Aren’t we, those who live in the rich world, the constant beneficiaries of paternalism now so thoroughly embedded into the system...
Apr 24, 20252 min read


9. Why the Poor Don’t Use Cheap, Life-Saving Tech: Surprising Theories Behind the Puzzle
Hey everyone! Today I will share some of my takeaways and thoughts after reading about some possible theories behind a puzzling question...
Apr 23, 20253 min read


8. The Healthcare Paradox: Why Do the Poor Avoid Cheap, Lifesaving Healthcare?
Good afternoon and welcome back to The Poor Economics Blog! Today we are exploring an essential question: Why do the poor tend to avoid...
Apr 22, 20252 min read


7. The Health-Based Poverty Trap
Hey everyone! It’s been a while since I last posted! Today we are going to shift from food to another related idea: health. Of the 9...
Apr 19, 20252 min read


6. More Important Than Food
QOTD: “In the decade of unparalleled depression, the consumption of all cheap luxuries has increased.” We ended last time with the idea...
Apr 12, 20252 min read


5. The Truth Behind Poor People’s Diets
“The basis of their diet, therefore, is white bread and Margarine, corned beef, sugared tea, and potato—an appalling diet. Would it not...
Apr 9, 20253 min read


4. Are Poor People Actually Hungry?
Quote of the day: "There is no absolute scarcity." A few days ago we explored a central economic question: Is it possible to get trapped...
Apr 7, 20252 min read


3. Examining the Poverty Trap
Hey everyone! It’s been a long day, but reading a section of Poor Economics was a great way to finish it off! Just read the next section...
Apr 6, 20252 min read


2. Thinking Again: To What Extent is Aid Effective?
Favorite quote from the section: “Poverty leads to an intolerable waste of talent. Poverty is not just a lack of money: it is not having...
Apr 4, 20252 min read


1. Some Thoughts As I Start Reading "Poor Economics"
“Poor Economics.” I was confused. I had been scavenging through our family bookshelf, looking for a book to pass the time reading, when I...
Mar 29, 20252 min read
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